The impact of mega-retail discount chains on urban, suburban, and rural economies
Article Abstract:
The advent of mega-retail discount chains created detrimental impacts on the economies of some American cities and towns. Instead of providing diversified line of products and services, mega-retail chains reduced the competitive advantaged of small retailers, forcing them to abandon their businesses. The so-called "one-stop shopping craze" may have spurred the growth of mega malls, but it has also led to a massive reduction in job opportunities. Proliferation of mega-retail stores has also been reported to induce higher crime rate and increased the number of drug abuse cases in metropolitan areas.
Publication Name: Real Estate Finance Journal
Subject: Real estate industry
ISSN: 0898-0209
Year: 1998
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Town counsel
Article Abstract:
Research into the retail trade in 17 small towns in Scotland found some 63% of locals shopped in their own town. Spending on eating out and food was above average in the towns. The local authorities in Angus are trying to improve facilities for tourists in the town centre. Hawick is trying to increase the number of tourists to the town. It has the highest number of shops in the survey. Some 30% of people using the town centre of Cupar are tourists but their expenditure in the town is limited. Montrose centre is well frequented by locals but rents are low and there are many empty shops.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
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French dressing
Article Abstract:
Many shopping centres in France are co-owned by both domestic and foreign investors. Whilst the smaller outlets are owned by investors, the anchor stores mostly own their own shops. A number of foreign retailers are moving in to the French market, such as Gap. England and France have the same floorspace devoted to shopping centres. Trade in English centres accounts for 33% of the retail market compared to only 24% in France. The article also includes information on seven international shopping centres.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1999
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